2024: A Year of Growth, Innovation, and Impact for VoltSafe
From remarkable achievements to strategic milestones, VoltSafe enjoyed a successful year that demonstrated our steadfast commitment to innovating on the way we manage high voltage electricity, particularly in the marine sector. From global recognition to groundbreaking pilot implementations, 2024 was an amazing adventure that has enhanced our position as a leader in forging a path to smarter, safer ways to control and connect to power around the world.
A Wave of Early Achievements
We made significant waves in the spring on the shores of California, demonstrating our cutting-edge, shore power technology at IGNITE22 in Los Angeles. Shortly after, we celebrated a tremendous achievement, graduating from the prestigious CDL-Atlantic Oceans Stream. Graduation from CDL is no small feat and was a testament to the groundbreaking potential of our technology. We further expanded our marine footprint by joining CEPAC, one of Canada’s Ocean Supercluster projects, aligning with industry leaders to advance electric propulsion systems.
June kicked off with a trip across Canada to scenic Halifax, Nova Scotia, where we showcased our shore power hardware and software solution at COVE’s Pitch + Roll event and Demo Day. It was the perfect opportunity to engage with stakeholders and innovators on the shores of Canada’s deepest harbour demonstrating VoltSafe’s award-winning shore power solution. COVE’s facility provides one of the best spaces in the world to turn ideas into commercial solutions.
Pilots, Partnerships, and Powerful Progress
The summer saw us undertake one of our most ambitious endeavors yet: the launch of a large-scale pilot program spanning 14 marinas across Canada and the United States. This initiative provided direct feedback from marina operators and boaters, enabling us to refine our solutions and gain valuable real-world insights ahead of our upcoming pedestal commercialization.
While our surge in the marine sector has been a priority area of focus for VoltSafe, the year wasn’t entirely spent on the shores of marinas for our exceptionally busy team. In September, we launched a successful, oversubscribed, equity crowdfunding campaign through FrontFundr that saw our company invite many new investors into the fold who share our vision for a safer, smarter, and more sustainable way to connect to and control electricity. This raise directly supports our goal of commercialization and acquiring the resources necessary to bring our innovative marine shore power solution to docks in 2025. Inquiries continued post campaign, so we have officially relaunched it for those who missed out on the first opportunity to invest (details below).
Autumn Accolades and Strategic Milestones
October was a banner month, as VoltSafe was welcomed into Newlab, a prestigious, NYC-based, global venture platform for critical technology startups, and only accepts about 10% of the applications it receives. Becoming a member underscores the significant interest in VoltSafe’s patented deep technology, including its ability to positively transform electrification and energy management around the globe. The good news continued to flow, as we earned a patent continuation granted by the USPTO on our flagship technology. VoltSafe’s “electrical fingerprint” technology is a critical pillar that the company’s hardware is built upon. This patent continuation in the United States builds on VoltSafe’s other previously granted patents and extends the company’s already strong moat surrounding its intellectual property.
The Annual Trade Show Madness Begins
The fall marked the start of our ambitious annual trade show schedule. Racking up tens of thousands of air miles, we showcased our marine hardware and software technology literally from coast to coast and around the globe. We exhibited at IBEX in Tampa, Florida once again, this year earning a spot on Soundings Trade Only’s “Most Innovative Marine Companies” list. As the highest-ranked non-billion-dollar company in the Top 10, this recognition reinforced our reputation for delivering cutting-edge solutions that can take on even the biggest industry giants in the marine industry. After IBEX, we headed back across the continent for the Pacific Coast Congress in Victoria, British Columbia. Then, we headed overseas to METSTRADE in Amsterdam in November for one of the world’s biggest marine industry shows. Right on the heels of METS, for the first time, we set up shop at the Abu Dhabi International Boat Show to further our global reach, and capped this leg of a long journey off with productive high-level investor meetings in Dubai. Partnering with Yachting Ventures in their Innovation Zone, we reached an entirely new sector that experiences similar pain points in the marine industry as the ones facing North American marinas. It was a rewarding and validating trip.
VoltSafe Named a Most Investible Cleantech Company in Back-To-Back Years
The momentum continued well into November, as VoltSafe was named to the Foresight 50 Most Investible Cleantech Companies in Canada. This achievement marked back-to-back years that VoltSafe has earned this distinction. VoltSafe will be showcased amongst Foresight’s networks resulting in new doors being opened to corporations, government, and investors.
Ending the Year on a High Note in Music City
December wrapped up a stellar year with our team heading out for The DOCKS Expo in Nashville, Tennessee. We participated in educational panels while also celebrating the achievements of our very own CTO, Sanad Aridah, who won a Young Leader Award at this year’s event for his significant contributions to innovation in the marine industry. Sanad is leading the charge helping marinas future-proof their docks with VoltSafe’s inventive shore power pedestal and marina management dashboard.
Looking Ahead to 2025
With our innovative marine shore power solution set to hit docks across North America in 2025, we’re actively transforming how power is delivered and managed in marine environments, one slip at a time. We are very charged up to see what this coming year has in store but we know for certain, VoltSafe is poised for an exciting future. Stay tuned for many more breaking news and updates by following us on social media throughout the year.
DID YOU KNOW? VoltSafe is currently running a retail investment opportunity through FrontFundr. For a limited time, almost anyone can invest in our award-winning, patented technology that is currently leading the charge in a safer, smarter way to connect to and manage electricity. If you or someone you know is interested in joining us on this incredibly powerful journey, email us at invest@voltsafe.com or visit our investment page on FrontFundr today.